Sunday 17 December 2017

Stocks to watch: Olam, Thai Beverage, Asti Holdings, Hatten Land

THE accompanying organizations saw new advancements that may influence exchanging of their offers on Monday:

Olam International: Mitr Phol Sugar Corporation, the world's fourth-biggest and Asia's biggest sugar maker, will put US$100 million of every a 50 for every penny stake in Olam International's completely possessed backup, Far East Agri. As per agribusiness Olam's declaration on Monday, this is to benefit from the "appealing development openings" for sugar processing and refining in Indonesia.

Thai Beverage (ThaiBev): ThaiBev's Vietnamese beverages unit has enrolled to offer for a 53.59 for every penny stake in Saigon Beer-Alcohol-Beverage Joint Stock Corp (Sabeco), and will value its offer by 3pm on Monday, Singapore time, the sustenance and drink amass reported before the present market opening. ThaiBev's related organization, Vietnam Beverage, had prior demonstrated its enthusiasm for securing a stake in Sabeco. Different organizations that have communicated enthusiasm for offering for Sabeco incorporate Anheuser-Busch InBev and Asahi Group Holdings.

Asti Holdings: Mainboard-recorded Asti Holdings Limited's two-month restrictiveness period in connection to a non-restricting term sheet that it entered with China Fortune-Tech Capital Co (CFTC) to strip the STI Group has terminated. In a Singapore Exchange documenting on Sunday, the producer of semiconductor hardware said on Sunday that the restrictiveness period allowed by the organization under the term sheet that was additionally broadened had terminated on Dec 15.

Hatten Land: Malaysian property designer Hatten Land Limited's completely claimed backup is intending to procure the rest of the minority interests in two improvement destinations in Malacca for about RM28.9 million (S$9.6 million). The Catalist-recorded firm said in a late Singapore Exchange documenting on Dec 15 that auxiliary Sky Win Management Consultancy Pte Ltd had gone into two deal and buy concurrences with Tan Ping Huang Edwin, Hatten's official chief and delegate overseeing executive, and the holder of the minority interests in Rico Development Sdn Bhd (RDSB) and Rico Ventures Sdn Bhd (RVSB), on Dec 15.

For more updates visit -Singapore stock market blogStock tipsSGX stock researchSingapore stock blog

No comments:

Post a Comment